Tag: FX ADV

FX ADV

Platform Volumes Edge Higher: CboeFX Dips

The first group of platforms to report FX average daily volume (ADV) data indicate that activity was slightly higher in August from July, but was down year-on-year. FXSpotStream, which reports ADV is all products, not just spot, reports it handled $41.2 billion in August, up 2% month-on-month, but down 4.8% from August 2019 – a […]

Primary FX Venues See Volume Drop

The primary spot FX venues had mixed fortunes in July, with Refinitiv Matching and EBS decreasing and CME offering mixed news. Refinitiv says spot average daily volume (ADV) was $74 billion in July, a 10.8% decrease from June as well as 7.5% drop from July 2019. It was the platform’s equal quietest month of the […]

FXSpotStream, Integral, Post July Volumes

FXSpotStream reports average daily volume (ADV) on its platform in July was $40.4 billion, a 6.7% decline from June, but up 11.3% year-on-year. Integral Development, meanwhile, reports a strong 6.6% increase from June to $37.4 billion, making it the only platform to report thus far to see a month-on-month increase. Year-on-year Integral’s ADV was up […]

FX Volumes Decline in July

The first group of platforms to report average daily volume (ADV) for July in spot FX indicate there was a pullback from June – with two reporting their second quietest month of the year to date. CboeFX reports ADV of $30 billion in July, a 13.3% decline from June, but a 9.1% year-on-year increase – […]

CLS Activity Up in June, Down Y-o-Y

CLS says that average traded FX volume submitted to the settlement service was $1.78 trillion per day in June, a 20% increase from May and broadly reflecting the gains reported by FX trading platforms earlier this month. Year-on-year activity did decline, however, by 5.5%. Looking at the product segments it was a similar picture, spot […]

Mixed Data from Primary FX Venues

The three primary FX venues have all followed the first group of platforms to report average daily volume (ADV) with a month-on-month rise, however unlike the latter, year-on-year turnover is lower. EBS, which is owned by CME Group, reports ADV of $69.3 billion in June, a 22.2% rebound from the horrible May data, but still […]

Volume Data Indicates Decent June for Platforms

The first group of FX average daily volume data indicates that platforms has a decent end to the first half of 2020, registering their third highest numbers of 2020. FXSpotStream reports ADV of $43.3 billion in June, the platform’s third highest this year, indeed in its history. This represents volume is all FX products and […]

In the FICC of It

On this week’s podcast Colin Lambert is joined by Xav Porterfield, head of research at New Change FX (NCFX), to discuss a new method of measuring execution quality – the unit cost of volatility (UCV). Porterfield explains how the measurement actually derives from a landmark market impact paper in the mid-1990s before the two delve […]

New ADV Lows for FX Primary Venues

May saw average daily volume on both EBS and Refinitiv’s spot platforms fall back further from April, with both reporting their lowest ADV since they started reporting data in January 2007 and April 2009 respectively. CME Group, which owns EBS, says spot ADV was $56.7 billion in May, a 6.7% decline from April and 27.7% […]